XML 36 R72.htm IDEA: XBRL DOCUMENT v3.19.3
Subsidiary Guarantors - Balance Sheets (Details) - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Current assets:                
Accounts receivable, net $ 29,207     $ 51,073        
Accrued revenue 281,177     474,827        
Derivative instruments 411,774     245,263        
Other current assets 7,342     35,450        
Total current assets 729,500     806,613        
Unproved properties 1,406,464     1,767,600        
Proved properties 11,568,285     12,705,672        
Water handling and treatment systems       1,013,818        
Gathering systems and facilities 5,802     2,470,708        
Other property and equipment 70,965     65,842        
Property and equipment, gross 13,051,516     18,023,640        
Less accumulated depletion, depreciation, and amortization (3,136,767)     (4,153,725)        
Property and equipment, net 9,914,749     13,869,915        
Operating leases right-of-use assets 3,230,148              
Derivative instruments 405,180     362,169        
Investment in consolidated affiliates 1,819,323     433,642        
Investments in unconsolidated affiliates 1,819,323     433,642        
Other assets 21,388     47,125        
Total assets 16,120,288     15,519,464 $ 15,802,535      
Liabilities and Stockholders' Equity                
Accounts payable 32,496     66,289        
Accounts payable, related parties 100,437              
Accrued liabilities 392,726     465,070        
Revenue distributions payable 231,152     310,827        
Derivative instruments       532        
Short-term lease liabilities 409,990     2,459        
Other current liabilities 4,367     8,363        
Total current liabilities 1,171,168     853,540        
Long-term debt 3,703,828     5,461,688        
Deferred income tax liability 916,031     650,788        
Long-term lease liabilities 2,823,197     2,873        
Other liabilities 59,366     63,098        
Total liabilities 8,673,590     7,031,987        
Common stock 3,041     3,086        
Additional paid-in capital 6,124,042     6,485,174        
Accumulated earnings 1,319,615     1,177,548        
Total stockholders' equity 7,446,698     7,665,808        
Noncontrolling interests in consolidated subsidiary       821,669        
Total equity 7,446,698 $ 8,339,700 $ 8,292,798 8,487,477 $ 8,671,152 $ 8,802,911 $ 8,921,098 $ 8,876,136
Total liabilities and equity 16,120,288     15,519,464        
Reportable legal entity                
Liabilities and Stockholders' Equity                
Long-term debt 3,703,828     3,829,541        
Reportable legal entity | Parent (Antero)                
Current assets:                
Accounts receivable, net 29,207     49,529        
Intercompany receivables       383        
Accrued revenue 281,177     474,827        
Derivative instruments 411,774     245,263        
Other current assets 7,342     13,937        
Total current assets 729,500     783,939        
Unproved properties 1,406,464     1,767,600        
Proved properties 11,568,285     13,306,585        
Gathering systems and facilities 5,802     17,825        
Other property and equipment 70,965     65,770        
Property and equipment, gross 13,051,516     15,157,780        
Less accumulated depletion, depreciation, and amortization (3,136,767)     (3,654,392)        
Property and equipment, net 9,914,749     11,503,388        
Operating leases right-of-use assets 3,230,148              
Derivative instruments 405,180     362,169        
Investment in consolidated affiliates 1,337,849     (740,031)        
Contingent acquisition consideration       114,995        
Investments in unconsolidated affiliates 481,474              
Other assets 21,388     31,200        
Total assets 16,120,288     12,055,660        
Liabilities and Stockholders' Equity                
Accounts payable 32,496     44,917        
Accounts payable, related parties 300,774              
Intercompany payable       111,620        
Accrued liabilities 392,726     392,949        
Revenue distributions payable 231,152     310,827        
Derivative instruments       532        
Short-term lease liabilities 409,990     2,459        
Other current liabilities 4,367     2,162        
Total current liabilities 1,371,505     865,466        
Long-term debt 3,703,828     3,829,541        
Deferred income tax liability 916,031     650,788        
Long-term lease liabilities 2,823,197     2,873        
Other liabilities 59,366     55,017        
Total liabilities 8,873,927     5,403,685        
Common stock 3,041     3,086        
Additional paid-in capital 6,124,042     5,471,341        
Accumulated earnings 1,119,278     1,177,548        
Total stockholders' equity       6,651,975        
Total equity 7,246,361     6,651,975        
Total liabilities and equity 16,120,288     12,055,660        
Reportable legal entity | Guarantor Subsidiaries                
Current assets:                
Intercompany receivables 131,135              
Total current assets 131,135              
Investments in unconsolidated affiliates 1,337,849              
Total assets 1,468,984              
Liabilities and Stockholders' Equity                
Additional paid-in capital 1,337,849              
Accumulated earnings 131,135              
Total equity 1,468,984              
Total liabilities and equity 1,468,984              
Reportable legal entity | Non-Guarantor Subsidiaries                
Current assets:                
Accounts receivable, net       1,544        
Intercompany receivables       115,378        
Other current assets       21,513        
Total current assets       138,435        
Water handling and treatment systems       1,004,793        
Gathering systems and facilities       2,452,883        
Other property and equipment       72        
Property and equipment, gross       3,457,748        
Less accumulated depletion, depreciation, and amortization       (499,333)        
Property and equipment, net       2,958,415        
Investments in unconsolidated affiliates       433,642        
Other assets       15,925        
Total assets       3,546,417        
Liabilities and Stockholders' Equity                
Accounts payable       21,372        
Intercompany payable       4,141        
Accrued liabilities       72,121        
Other current liabilities       2,052        
Total current liabilities       99,686        
Long-term debt       1,632,147        
Contingent acquisition consideration       114,995        
Other liabilities       8,081        
Total liabilities       1,854,909        
Partners' capital       1,691,508        
Total stockholders' equity       1,691,508        
Total equity       1,691,508        
Total liabilities and equity       3,546,417        
Eliminations                
Current assets:                
Intercompany receivables (131,135)     (115,761)        
Total current assets (131,135)     (115,761)        
Proved properties       (600,913)        
Water handling and treatment systems       9,025        
Property and equipment, gross       (591,888)        
Property and equipment, net       (591,888)        
Investment in consolidated affiliates (1,337,849)     740,031        
Contingent acquisition consideration       (114,995)        
Total assets (1,468,984)     (82,613)        
Liabilities and Stockholders' Equity                
Accounts payable, related parties (200,337)              
Intercompany payable       (115,761)        
Other current liabilities       4,149        
Total current liabilities (200,337)     (111,612)        
Contingent acquisition consideration       (114,995)        
Total liabilities (200,337)     (226,607)        
Partners' capital       (1,691,508)        
Additional paid-in capital (1,337,849)     1,013,833        
Accumulated earnings 69,202              
Total stockholders' equity       (677,675)        
Noncontrolling interests in consolidated subsidiary       821,669        
Total equity (1,268,647)     143,994        
Total liabilities and equity $ (1,468,984)     $ (82,613)